جستجوی مقالات مرتبط با کلیدواژه « راهبرد تدافعی » در نشریات گروه « حسابداری »

 The type of business strategy chosen can affect all aspects and reports of the company. The purpose of this research is to investigate the moderating effect of cost leadership, differentiation, defensive and offensive business strategies on the relationship between fraudulent financial reporting and sustainability reporting.

 The current research is an applied research in terms of the goal, and since we seek to discover the relationship between variables, it is classified in the descriptive-correlation research group. The statistical sample of the research includes 1.012 companies -year. To collect data, independent auditor's report, board of directors, management commentary, financial statements and explanatory notes and Kodal website were used.

 The research results indicate that the relationship between fraudulent financial reporting and sustainability is strengthened by the adjustment variable of business strategies. That is, fraudulent financial reporting and sustainability in companies following cost leadership business strategy are less than companies following differentiation strategy. It should be noted that companies following a defensive business strategy have fraudulent financial reporting and less stability than companies following an aggressive business strategy.

 Although both business strategies of Porter (1980) and Miles and Snow (1978) are in the same direction in classifying the strategy adopted by companies, but the business strategy of Miles and Snow (1978), (defensive and offensive) has a higher classification power and it shows the type of strategy adopted by the company better.

Contribution:

 Users of financial and sustainability reports of the companies can learn about the possibility of fraudulent reporting according to the type of business strategy adopted by the companies, which is a special knowledge contribution to this research. Also, this research opens a new chapter in sustainability research by proving the effect of business strategy on the relationship between fraudulent reporting and sustainability reporting.

The main objective of this research is to determine the impact of risk management on the relationship between business strategy and firm’s risk disclosure.

The research hypotheses were tested based on combined data and using multiple regression models. In addition, the mediation effect was assessed using the Sobel test. The period of this study is from 2015 to 2020, during which time exaggerated data from 126 companies were examined.

The results of this study show that the type of business strategy has a direct impact on the risk management framework of firms listed on the Tehran Stock Exchange. Thus, defensive business strategy leads to stronger risk management than offensive business strategy which creates weaker risk management. Even though business strategy does not have a direct impact on corporate disclosure, organizational risk management as a mediating variable leads firms with a defensive approach to adopt a more negative tone and firms with an offensive approach to adopt a more positive tone.

Although the type of firm's business strategy does not directly influence the tone of risk disclosure, risk management as a mediator variable causes the extent of firm risk appetite, or in other words its business strategy, to have an inverse relationship with the tone of risk disclosure.

Contribution:

 The literature review in the field of risk disclosure shows that there is no study that addresses the management factors including business strategy and risk management that have an invisible influence on the tone of risk disclosure. Therefore, this study aims to develop the literature in this area to help researchers and legislators in the capital market field to explain new policies and laws, and to help shareholders in the capital market to make predictions and assessments when relying on the tone of risk disclosure.

The existence of firms' excess cash causes resources to stagnate and, cash deficit causes loss of investment opportunities. Therefore, firms generally try to maintain an optimal level of cash holdings. In addition, firms attempt to quickly correct any deviations from the optimal level of cash holdings. The level of cash holdings and the speed of correcting the gap between the actual and the optimal level of cash holdings depend on several factors. The purpose of this study is to investigate the effect of the firm's business strategies (defenders and prospectors) on the level of cash holding and its speed of adjustment. In this regard, the data of 120 firms listed on the Tehran Stock Exchange (TSE) during 2013-2020 (960 firm-years) have been used. The static models are estimated using ordinary least squares (OLS) estimator and, the system generalized method of moments estimator (GMM) is used to estimate dynamic models. The results show that the prospectors have a smaller cash holdings ratio than defenders, and also, the prospectors have lower cash holdings speed of adjustment than defenders. The results of supplementary tests that confirm the research's main findings are consistent with the predictions made in trade-off theory.